Nordea Bank AB (publ.) - Company Announcement

Nordea Bank AB (publ) issues 1 new index certificate series on 9 September 2008

Nordea Bank AB (publ) will launch 1 new index certificate series on 9
September 2008 under its warrant programme. The underlying asset of
the index certificates is Talvivaara Mining Co Plc (TALV) share. The
index certificates are call certificates. The index certificates are
redeemed by cash payment. Upon expiry of a index certificate, the
possible net value is paid in cash to the holder of the certificate.

Certificate specific terms and conditions

All index certificates are issued under the warrant programme of
Nordea Bank AB (publ) dated 28 May 2008. The base prospectus for the
warrant programme and the final terms for each warrant and
certificate serie are available at the issuer's website:
www.nordea.fi/warrantit. The following terms only summarize the final
terms and the base prospectus.



+-------------------------------------------------------------------+
| Issuer               | Nordea Bank AB (publ)                      |
|----------------------+--------------------------------------------|
| Instrument name      | Index Certificate (call)                   |
|----------------------+--------------------------------------------|
| Underlying asset     | Talvivaara Mining Co Plc (TALV) share      |
|----------------------+--------------------------------------------|
| Cash Settlement      | Closing Price x Multiplier x Translation   |
| Amount               | Rate                                       |
|                      |                                            |
|----------------------+--------------------------------------------|
| Closing Price        | Reference Price on Closing Price           |
|                      | Determination Date                         |
|----------------------+--------------------------------------------|
| Closing Price        | Official Closing price on Expiration       |
| Determination Date   | Date/Final Trading Day                     |
|----------------------+--------------------------------------------|
| Market place         | OMX Nordic Exchange Helsinki               |
|----------------------+--------------------------------------------|
| Reference Source     | London Stock Exchange                      |
|----------------------+--------------------------------------------|
| Reference price      | Official closing                           |
| determination method |                                            |
|----------------------+--------------------------------------------|
| Exercise procedure   | The Bank carries out automatic cash        |
|                      | settlement                                 |
|----------------------+--------------------------------------------|
| Listing currency     | EUR                                        |
|----------------------+--------------------------------------------|
| Total number of      | 750 000                                    |
| certificates         |                                            |
|----------------------+--------------------------------------------|
| Trading lot          | 1 certificate                              |
|----------------------+--------------------------------------------|
| Market maker         | Nordea Bank Finland Plc operates as the    |
|                      | Market Maker.                              |
|                      |                                            |
|                      | Market Maker undertakes to provide bid and |
|                      | ask quotation for the certificates during  |
|                      | the time certificates are subject to       |
|                      | public trading. The undertaking is valid   |
|                      | in the continuous trading of the regulated |
|                      | market.                                    |
|                      |                                            |
|                      | The difference between bid and ask         |
|                      | quotation is at most (maximum spread):     |
|                      |                                            |
|                      | Four (4) percent but no less than EUR      |
|                      | 0,10.                                      |
|                      |                                            |
|                      | Quotations concern a minimum amount of one |
|                      | thousand certificates. Market Maker is     |
|                      | entitled to define the values of the       |
|                      | parameters affecting the market making     |
|                      | quotation. Market Maker is not liable to   |
|                      | maintain its duties as Market Maker, if    |
|                      | trading with the underlying asset has      |
|                      | ceased.                                    |
|                      |                                            |
|                      | Market Maker reserves the right to         |
|                      | temporarily decline to quoting bid and ask |
|                      | prices during a period in which the Market |
|                      | Maker hedges its own position in an        |
|                      | Underlying Assets and at such time as the  |
|                      | Market Maker believes there are to be      |
|                      | significant difficulties in quoting bid    |
|                      | and ask prices due to technical reasons.   |
|                      |                                            |
|                      | In conjunction with such limitation of the |
|                      | Market Maker's obligation to quote bid and |
|                      | ask prices, the Market Maker shall notify  |
|                      | parties on the market regarding the        |
|                      | limitation through a notice via the        |
|                      | regulated market/marketplace.              |
|                      |                                            |
|----------------------+--------------------------------------------|
| Additional           | Additional information on the company and  |
| information on the   | the development of the value of the        |
| underlying asset and | underlying asset is available on the       |
| underlying company   | website of the London Stock Exchange:      |
|                      | www.londonstockexchange.com and on the     |
|                      | website of the company:                    |
|                      | www.talvivaara.com.  Additional            |
|                      | information on the volatility of the       |
|                      | underlying asset is available from the     |
|                      | issuer, tel. +358 9 369 49134.             |
|                      |                                            |
|                      | The investors should analyse information   |
|                      | on the company issuing the share before    |
|                      | making decisions on certificates.          |
+-------------------------------------------------------------------+


The index certificates to be issued:

Table 1:



Certificate Certificate  Underlying Underlying   Underlying Additional
Trading     ISIN code    instrument instrument   instrument Information
code                                ISIN code    currency   on
                                                            the
                                                            underlying
                         Talvivaara
                         Mining Co                          www.talv
8LTALV. NDS FI0009651640 Plc        FI0009014716 GBp        ivaara.com



Table 2:


Certificate Strike Type Multiplier Total number Issue    Expiration Settlement
Trading      price                 of           date     Date       Date
code                               certificates
8LTALV. NDS 0      C    1          750 000      9.9.2008 19.12.2008 2.1.2009



Helsinki, 8 September 2008

NORDEA BANK AB (publ)

Tommi Saarnio


For further  information, please  contact Tommi  Saarnio,  +358-9-369
49354

Attachments:

Press Release (PDF)